Local Liberal Democrat MP Dan Rogerson welcomes news on fuel prices, infrastructure investment and more money for the NHS in today’s Autumn Budget Statement.
The Autumn Statement revealed that the Government will increase the amount of money you can earn year before you start paying income tax to £10,600. This has risen from £6,475 in 2010, meaning that someone working full time on the National Minimum Wage will pay £618 less in income tax in 2015-16, than they would have done in 2010-11.
The Government are also freezing tax on petrol and diesel to help motorists, offering support on business rates and abolishing Employer National Insurance Contributions for apprentices aged under 25 helping more young people into apprenticeships.
What the Autumn Statement means for North Cornwall:
- Confirmed that work on the A30 upgrade at Temple to start as early as March 2015
- Network Rail to draw up plan for re-opening the railway to Okehampton and Tavistock as the preferred choice for an additional rail route west of Exeter
- VAT to be refunded for Cornwall Air Ambulance
- Provides funding for proposed flood defence projects in Bude, Bodmin, Launceston, Padstow and Wadebridge
- Fuel duty frozen since 2011
- An extra £2 billion to be invested in the NHS nationally from April 2015
Commenting, Dan said, “The priority for the Liberal Democrats remains fixing the economy. Lib Dems and Conservatives put our differences aside in 2010 to work together to tackle the deficit. That was the right thing to do for the country, but I have been clear that this needs to be done in a fair way. That’s why I am pleased to see that this Autumn Statement does more to help people with the cost of living and makes sure that corporations, banks and the richest in society pay their fair share towards repairing our economy.
“We have delivered on the Lib Dem promise to cut income tax for people on low and average incomes, giving people an £800-a-year tax cut. Today’s statement builds on that by further increasing the tax-free amount that people can earn each year to £10,600 from April 2015. This will give thousands of local people an income tax cut and helps to make sure that being in work always pays.
“In addition, Liberal Democrats have blocked Conservative policies such as introducing ‘regional pay’ that would see nurses, teachers and other public sector workers in Cornwall paid less than those working in other parts of the country.
“Investing in infrastructure projects like dualling the A30 at Temple, which I have campaigned on for many years, are vital to building a stronger Cornish economy and a fairer society too. I am delighted to see that government ministers have listened to our campaign and have asked Network Rail to draw up plans for a new rail route from Exeter to Plymouth, via Okehampton which would bring railway services closer to the Launceston and Bude areas.”